Colored diamonds an investor's best friend

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Category: Blog

Published: Wednesday, 07 September 2016 20:30

Written by Winnipeg Free Press

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In 2002, Ben Affleck made headlines when he gave Jennifer Lopez a 6.1-carat pink diamond engagement ring worth a reported US$1.2 million. Now, US$1.2 million isn’t a small amount of money, but it practically sounds like Monopoly money when you hear what some coloured diamonds are fetching at auction these days. Jen Zoratti of the Winnipeg Free Press has the scoop!

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Protecting Jewelry with Renters Insurance

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Category: Blog

Published: Monday, 25 July 2016 16:51

Written by Value Penguin

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The best renters insurance policy for jewelry owners is one that adequately protects all of a tenant’s shiny valuables, such as rings, necklaces and watches. But choosing the amount of coverage needed and renters insurance company, can be difficult. There is no single correct answer, although, there are a number of things tenants who own high-value jewelry need to consider when purchasing renters insurance.

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Three Things the Diamond Trade’s Survival Depends On

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Category: Blog

Published: Thursday, 02 June 2016 17:41

Written by Avi Krawitz, Diamonds.net

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According to Avi Krawitz at diamonds.net, the diamond industry is waking up to a new reality. Not only are the banks insisting on stricter compliance standards and pipeline integrity, but the largest mining companies and jewelry retailers are rapidly following suit. This is forcing the industry to rethink the way it conducts business so that ‘transparency, responsibility and sustainability’ are engrained in the ethos of the trade. 

It was therefore no coincidence those three concepts formed the central theme of the World Diamond Congress recently held in Dubai. “These themes run through all the challenges we’re facing as a global industry and also show us the way forward,” Ernie Blom, president of the World Federation of Diamond Bourses (WFDB), said in his opening remarks at the congress, a joint meeting of the WFDB and the International Diamond Manufacturers Association (IDMA).

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Despite what we’ve heard, diamonds don’t technically last forever

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Category: Blog

Published: Monday, 01 August 2016 20:50

Written by Hello Giggles

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It seems like the phrase “a diamond is forever” has been around…well, forever. These popular stones used to be rare until the late 1800s, so they were super valuable back in the day. Nowadays, they’re a lot more common that many people assume, considering their cost.

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